Assure or not assure? Here’s the question: An analysis of the factors of voluntary assurance on sustainability reports

This research had as objective to verify the factors associated with the voluntary assurance on Sustainability Reports (SR). The sample of this study comprises the companies listed in the IBrX-100 index of B3 and the period from 2011 to 2015. Through the technique of Correspondence Analysis (Anacor)...

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Bibliographic Details
Authors: Borges Silveira, Gabriela, da Silva Ferreira, Janaína, Benedito Farias, Robson, Van Bellen, Hans Michael, Rover, Suliani
Format: article
Status:Published version
Publication Date:2019
Country:Brasil
Institution:Universidade do Oeste de Santa Catarina (UNOESC)
Repository:RACE (Joaçaba. Online)
Language:Portuguese
OAI Identifier:oai:ojs.periodicos.unoesc.edu.br:article/20618
Online Access:https://periodicos.unoesc.edu.br/race/article/view/20618
Access Level:Open access
Keyword:Sustainability Report
Socioenvironmental Disclosure
Assurance
Relatório de Sustentabilidade
Disclosure Socioambiental
Asseguração
Description
Summary:This research had as objective to verify the factors associated with the voluntary assurance on Sustainability Reports (SR). The sample of this study comprises the companies listed in the IBrX-100 index of B3 and the period from 2011 to 2015. Through the technique of Correspondence Analysis (Anacor), the Chi-square Test was performed between the variables: Impact, Asset, Net Revenue, ROA, ROE, Indebtedness, ADR, Regulated Sector, ISE, Corporate Governance, Audit and GRI and assurance of RS in each year. In order to visualize the associations, by means of perceptual maps, the Homogeneity Analysis (HOMALS) was used. According to the results, four variables were more associated with the assurance of SR in all years, being: Regulated Sector, ISE, GRI and Audit. These findings suggest that companies operating in regulated sectors and with greater sustainability practices are more associated with SR assurance. In addition, assurance is performed mostly by audit firms, and the GRI is the most used reporting standard.